Burma Sanctions and Export Licensing Prohibitions Implemented in Response to Military Coup | Michael Volkov jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Life in Myanmar’s jade-producing regions was always difficult and precarious but since the military seized power from the civilian government on February 1, it has become even more dangerous.
In Kachin State’s Hpakant township, which has the world’s largest and most lucrative jade mines, there are more soldiers and police, access to mining sites has become more difficult and local markets have stopped operating.
“Many places are dangerous to dig jade now. There are only a few places where we can dig by hand or small machine,” said Sut Naw, a local miner who preferred to use a pseudonym for security reasons.
EU imposes sanctions on ten individuals and two military-controlled companies
April 20, 2021
ten individuals and
MEHL) and Myanmar Economic Corporation Limited (
MEC) in relation to the military coup staged in Myanmar/Burma on February 1, 2021, the ensuing military and police repression against peaceful demonstrators.
“The individuals targeted by sanctions are all responsible for
undermining democracy and the rule of law in Myanmar/Burma, and for repressive decisions and
serious human rights violations. The two sanctioned entities are
large
owned and controlled by the Myanmar Armed Forces (
Tatmadaw), and provide revenue for it. The adopted sanctions specifically target the economic interests of Myanmar’s military regime, which is responsible for the overthrow of Burma’s democratically elected government. Sanctions are crafted in such a way to avoid undue harm to the people of Myanmar,” the EU press release added.